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How Pmcgoohan Discovered the MEV Problem

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Content provided by Zach Rynes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Zach Rynes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, ChainLinkGod and The_Crypto_Oracle talk with Pmcgoohan, the analyst who first discovered the Miner Extractable Value (MEV) problem in Ethereum pre-genesis in 2014. We define what MEV is, the various types of activity that do and don't fall under MEV, why MEV Auctions do not solve MEV, as well as how front-running, back-running, and sachwich attacks on blockchain transactions results in financial harm of end-users. We also cover potential solutions such as Pmcgoohan's proposed content-layer transaction chunking and Chainlink's Fair Sequencing Services (FSS), including their complementary nature.

Follow Pmcgoohan: https://twitter.com/pmcgoohanCrypto

Follow ChainLinkGod: https://twitter.com/ChainLinkGod

Follow Crypto___Oracle: https://twitter.com/Crypto___Oracle

  continue reading

21 episodes

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How Pmcgoohan Discovered the MEV Problem

The CLG Podcast

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Manage episode 321488464 series 3321530
Content provided by Zach Rynes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Zach Rynes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, ChainLinkGod and The_Crypto_Oracle talk with Pmcgoohan, the analyst who first discovered the Miner Extractable Value (MEV) problem in Ethereum pre-genesis in 2014. We define what MEV is, the various types of activity that do and don't fall under MEV, why MEV Auctions do not solve MEV, as well as how front-running, back-running, and sachwich attacks on blockchain transactions results in financial harm of end-users. We also cover potential solutions such as Pmcgoohan's proposed content-layer transaction chunking and Chainlink's Fair Sequencing Services (FSS), including their complementary nature.

Follow Pmcgoohan: https://twitter.com/pmcgoohanCrypto

Follow ChainLinkGod: https://twitter.com/ChainLinkGod

Follow Crypto___Oracle: https://twitter.com/Crypto___Oracle

  continue reading

21 episodes

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